If a government knows how to accommodate the fat cats and has worked out how to win the votes of the poor with direct transfers, then it doesn’t need the middle class
While economists warn politicians against making excessive promises, they acknowledge the value of welfare schemes—provided states remain within their financial limits.
On latest episode of ThePrint Off The Cuff, former IMF executive director asserts that lack of important indices such as Census & Consumer Survey has resulted in India lagging behind in data.
Both incumbent Congress & its main rival BJP are offering host of freebies. Some voters have welcomed the move, others say it is only aimed at elections.
Subsidies are here to stay. Worryingly, subsidy expenditure will likely increase as Indian politicians try to meet a wider set of aspirations through more diverse freebies.
Next round of state elections will see more welfare promises. However, these freebies may be offered at the cost of investment in infrastructure required for a modernising economy.
Rajasthan’s finances show its revenue is relatively strong & it is becoming more independent of the Centre. Prioritising social sector over capex is not necessarily bad, say experts.
National Co-convener of RSS-affiliate Swadeshi Jagran Manch highlights need to distinguish between freebies & welfare goods, and India's strong position despite global turmoil.
At 2nd such summit in Punjab for top investors organised by AAP since it came to power in Punjab, Lakshmi Mittal announced his Bathinda refinery has increased production of LPG by 3,000 tonnes/day.
The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.
Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.
Sorry, vir. The cash transfers under ladki bahin yojna were made to many middle class women. The urban middle classes are really the upper middle class if you look at India’s income distribution .
Nice report from Vir Sanghvi! I strongly feel, the article talks about the truth. I can see lots of comments from BJP supporters who target Vir and they don’t talk anything about the facts and substance of the article. BJP always spreading hatred and don’t know to counter with facts. Typical BJP fellows
Very incisive and well reasoned point of view.
Sorry, vir. The cash transfers under ladki bahin yojna were made to many middle class women. The urban middle classes are really the upper middle class if you look at India’s income distribution .
Nice report from Vir Sanghvi! I strongly feel, the article talks about the truth. I can see lots of comments from BJP supporters who target Vir and they don’t talk anything about the facts and substance of the article. BJP always spreading hatred and don’t know to counter with facts. Typical BJP fellows
This is an individual’s opinion. Individual who is known for his hatred for BJP. There is very serious credibility problem here.
We surely don’t need vir shangvi !!!
Mr. Sanghvi, what are you upset about?
You never supported them nor will you ever support them. So what explains your whining?